The Herald, 1904-07-08, Page 11Sunday School.
gifts, to degrade the purest char -
nater, or to throw, a el a daw ou the
noblest life. To ,Solomon were given
wisdom, wealth and long life, and
be ,should have left to his eon, Ile -
1 haboa,tn„ Sor imitation, 'the exawpe
INTERIWATIONALLlaeseON NO.I. !!!
of tl virtuous and illustrious life 'lois
JULY' 8, 1904. elh�0uld• have been a kingdom ruled
with moderation and )nustioe; but
lite life, as he advanced In years Itvas
I The Kingdom Divided-1Ieingsl2t 12.20. ciliaracterized by; a Soliy that
wrought demoralization in every,
(Commentary. -I, a demand by the prai'nt of Iris realm•. . .
people. -vs. 1-11.When R,ehoboam A ilauglit,y ,spirit gonth before a
found himself the successor to the fall. It would seem, thatRrehoboaln•
throne, he met a the leaders of the should have found it a veryasy
:nation at Shechem'. (While this as- m'attte
ex to conte to the right decision
aembly was celled ostensibly for the in regard to the demands of his peo-
drurposo of confirming Rehoboam in pis. but princes unless trained from
his kingdom, yet the people had de- feil.air y;ou'ih arp ordinarily un-
terminad to exact certain reforms fitted to appreciate the needs of
as the condition as their allegiance. their ewirjeots. The greatest prince
tIbey had many grievances.. The 'he who le easily; apaproachabie, who
northern tribes rebelled against this plants for the bast interests of this
oppression and asked Itehoboaul' to people, who regards himself as the
relieve them of their heavy burdens, servant and not lord of ilia sub-
sieg it be would to acknuw- jests. :Such. a ruler :will 'guide hies ta,t-
ledge
ledge him as king. fairs with discretion, and will be
IL. lathe gm's dec'sion.-vs. 12-15. able to meet the crises which so 02'-
12. All the peoIlle. This probably has teal arise in the management of
(reference to the ten tribes; •)udah political affairs with an intelligent
and Benjamin clung ato R,ehoboana.ed appreciation of right and will easily,
Mho third clay. wait had asked accommodate lila self to the exigen-
the people to wait three days for cies welch may call for meneration
his decision (v.15).. "This seemed tea- in his jurisdiction. But a. caught }i
sonable on the .face of it, and yet• these Prince is blind to all conditions.
this was one of the questions which ,Ince tally' of tariff :ere. R,eho-
fl• right heart would have decided in -boats did not lack for couneelor.e.
stantly." 1;1. Roughly. He was harsh He took three days to 'azeertaln the
and Insolent. I'orsultke .... counhel.
e opinions of the leading men of 'his
Rehoboam first consulted With the court. Nave the burdens of state -
old' mea. (vs. 1tn. They were the men • craft 'n'aturallyl ako a man causer -
of wisdom and ability whom Solomon vaitivo in las ideas and cautious in
In his wisdom had cliosan for 2.) leis ooun,sels. Such indeed was the at -
advisers. (See Prov..11, 14; 15, 22.)
But their counsel did not suit the titude assv.Tnted by: the elder men,
young. They advised ,Rehoboam to who bad gained wisdom by long [x -
grant the request of the people and perience. They advised him to 'use
"sp:eak good words to them" (vs. 7).
caution and moderation in his ans-
But he was p(roud. haughty and con- wer. No such oon,sidera.tions alfeet-
eitecl and forsook their counsel. eel the minds of the younger coun-
cselars Ito whomR;eboboam next turn -
14. Young neon. Rehoboant next
consulted the young men, has as- pneintmontsthat they had enjoyed in
sociates (vs. 8, 0). "The surest mark ed for advioe. Theyhad little inter -
of afoot is that lie chooseth other est in aught except the luxurious ap-
fools for his ,advisers." The king the court of Solomon. What consid-
orations led the Jtyung king to ad -
made a fatal omission in seeking ad-
opt the advice of the ounger Men
Vice. 1 will add: This was the laug- aro not stated in the se ripttrral ac-
count; of tyrant. *hips. It is count; but this decision has always
probable that the expression is not been regarded as one actuated by
entirely figurative.It isAquite pos, inexoiwabie folly. By his unwilling -
Hittites,
that the levies of morJtes
Hittites, etc. (chap. 9, 20, 21), had nese to alleviate the troubles of the
been kept at their toils by the lash. People he alienated their affections
-Spence. With scorpions. As • the
scorpion -an instrument of torture
with many lashes, like the legs of
the animal of ,this name, and each
lash atoned with ,sharp points to
lacerate the Iles]) -is a more ter-
rible scourge than the common whip,
so will my severity exceed my fa-
ther's. -Terry. Th'.s answer meant ills
•downfall. it was the height of folly
for him to ,take such a course, 15.
brought about of the Lord. (Il,. 1-.1.
The course of events had been shap-
ed by Solomon's transgression, and
they were left by God to work out
,their natural results. '1lbe sin of the
father was visited on the child. -
xumby. God forsees what men will
freely do, and orders hie judgments
or mercies aecordiugl.. . . •
III. The revolt of the ten tribes
(vs. 10-t20). •
All Israel -The leaders represent -
Ing the ton tribes. What ptortton
In David, ate. -Just an a king inher-
its the nation he govern%, so a mon-
archy inherits its king. But the
ten tribe's had not thus received
David, nor probably Solomon either.
Seven years after David had been re-
cognized as king of Judah the chief-
tains of the ten tribes Trade a. spec-
ial ineaty with, hien by ,which he
should govern Ahem. The terms of
this treaty 8,,o do not 'know, but it
was probably renewed on the acces-
sion of Solomon, a.niaa It is evident
that the ten tribes now regarded it
as broken by Rehoboam. aT:heir loyal-
ty to him was annulled by his owvu
action. Tee Varese, "eon of Jesse." is a
taunt, like ; `carpenter's son," in
Matt. xlii., rel.-Ilurlbut. To your
tents -This was p'roba'bly a popular their visits to the Isla
:war cry, dating from the days of the, son, while taking pilo
the exodus, waren the whole nation graphs, (warrested a
lived in tents. not we are to remem- placed in jail, the military authorit
ter also that a great multitude was charging him with being a spay. 1
.now crowded about a town, and mother offered proof that she
doubtless many, were at the time her son were Canadians, visiting
dwelling in tents. Now see, etc. -Let islands in the Hope of 'benefiting 1
o
David's descendants look after ens son's health. She asked the Geyer
ldunasty ; wu sever our connection. 17, of the island to communcate w
iwiliaoh dwelt - The Iera,elites who Lord Strathcona, but the Grover
were members of the northern tribes declined. Finally' after three wee
but who had homes in the cities of detention. and the pta,yrnent of £1(Y
:fmdtadi, did not go with their own son was released.
Proceedings. of the Twenty-ninth Annuai General Meeting, of the
Shareholders, field at the Banking house of the Institution
in Toronto, on Wednesday, 15th June,1904.
The Twenty-ninth Annual Meeting of the Imperial Bank of Canada was held
in pursuance of the terms of the Charter at the Banking house of the Institution,
15th June, 1904.
There were present: T. R. Merritt (St. Catharines), D. R. Wilkie, William.
I•Iendrier(Harnilten), Wm. Ramsay, of Bowland, Stow, Scotland, Elias Rogers,
James Kerr Osborne, Charles Coekshutt, J. L. Blakie, Archibald Foulds, R. R.
Temple, W. W. Vickers, Lyndhurst Ogden, David Smith, David Kidd (Hamilton),
C. A. Pipon, Anson Jones, Alfred Hoskin, Miss H. M. 'Robinson, Harry Vigeon,
Edward Archer, Alexander Nairn, Rev. T. W. Paterson, James Bicknell, A. W.
Austin, R. N. Gooch, Robert Thompson, Albert Thompson, W. Gibson Cassels, J..
W. Beaty, Peleg Howland, W. C. Crowther, V. H. E. Hutcheson, . Edward Hay,
J. 3. Foy, K. C., W. T. Jennings, 0. F. Rice, C. Holland, Clarkson Jones, .David
Spry, Alexander Laird, Barry Sintzel, C. C. Dalton, Ralph K. Burgess, J. Gor-
don Jones, Ira Standish, II. M., Pellatt, F. A. Dolph, H. W. Miekle, W. R.
Cawthra, C. H. Stanley Clarke, A. A. McFall (Boltola), Prof. Andrew Smith,
F. R O. V. S., J. B. Bddis, R. G. 0. Thomson, etc.
The chair was taken by the President, Mr. T. R. Merritt, and the Assistant
General Manager, Mr. E. Hay, was requested to act as Secretary.
Moved by Mr. Thomas Walmsley, seconded by Mr. W. W. Vickers:
That Mr. Lyndhurst Ogden, Mr. R. H. Temple and Mr. W. Gibson Cassels
be and are hereby appointed scrutineers. ---Carried.
The General Manager, at the request of the Chairman, read the report of
the directors and the statement of affairs. •
THE REPORT
The Directors be;; to submit to the shareholders their Twenty-ninth Annnal
Report and Balance Sheet of the afiiairs of the Bank as on' 31st May, 1904,
together with a statement giving the result of the operations •for the year
which ended that day.
Out of the Net Profits of the year and balance of Profit and Loss Account
carried forward, and after slaking full provision for all bad and doubtful' debts,
and for .the authorized contributions to the Pension and Guarantee Funds:
(a) Dividends have been paid at the rate of 10 per cent. per annum,
amounting to $200,19404.
(b) Hank Premises Account has been credited with $25,000.
(c) Rest Account has been increased by $200,000.
(d) Carried forward to Profit and Loss Acount, $140,656.58.
The premium received upon new Capital Stock, amounting to $13,688, has
been added to Rest Account, making that account $2,830,000, equal to 95 per cent.
of the Paid Up Capital.
A branch of the Bank has been opened at Trout Lake, B. C., to weieh has
been transferred the business of the Branch at Ferguson, B. C. °
and brought about a final disruption
OfIt a nation. 1 . It is with extreme regret that your directors have' to announce the deatho
Consequences of seemingly unim- their late esteemed colleague, Mr. T. Sutherland Steyner, who has been a direc-
I890 It cora tllrollhout been constant • his attend -
portant decisions. It is possible that
m'
Reboboaaand. his inexperienced ad -
:visors thought and hoped that the
people would still continue loylal to
his la'ther's house, but the wish was
a vain one and the results were in
Tarsi wirier disastrous. Israel could no
longer present an unbroken front to
the foe. Divided in counsel, in in -
tereat, in armed force, she no long-
er sent forth her arsines to conquer
the foes of Jehovah. Internal andtdo-
mestic war soon reduced her strength
and weakened her prowess. Foreign
foes found her a ready; prey. One by
one her possessions fell a,Rvayl City
after city] was taken and destroyed.
'As the result of two invasions the
whale nation was cariied away' in-
to captivity and Jerusalem, the joy
of the whole earth was nin.de a
laughing stock and a rr.proacll.
• Well twin' a nation pray to be
livered from a ruler who dope an
ien.Albert nd wisdom and disc
11. Stilwell.
Wiis'' 's F ,y Pad: are sold
all Druggists and General Stores.
TOLD A STRANGE STO-ZY.
Alleged Toronton ians Claim to 11,
Suffered Much Wrong.
Landon, June 27. -'The widow
the late Judge .lJ ss, of Toronto, a
her eon .have arrived here from t
Ct annei Islands. The Canadian
sociated Press learns :that duri
for of the Bank since , andwho g
pace to his duties as a director, and to whose faithful service they now bear tes-
timony.
The Head Office and Branches have all been carefully inspected during the
year, and your directors have much pleasure in expressing satisfaction at the
manner in which the Oliiscers of the Bank perform their respeotive duties.
T. R. MERVI'1 t', President.
PR.O1+'IT AND LOSS ACCOUNT.
Balance at credit of acconnt 31st
May. 1903, brought forward $160,386 27
Premium received on Nevr Capital
Stock.. 13.688 00
Profits for the year ended 31st May.
1901. after deducting charges of
management and interest due de-
positors and after making full pro-
vision for all bad and doubtful
debts and for rebate on bills under
discount$501.411 33
$678,188 60
Dividend No. 57, 5 per cent.
paid lot of Decembor.
1903......... .....:. .$149.126-00
Dividend h''o. 58, 5percent.
payable 1st June, 1904- 119,168 04 s?29.101, 04
Cransferred to Rest .Account,....... 213,688 00
Written o2 bank pretnib08 and furni 25 000 00
tura account
Balance of Account •carried forward110,606 16
The Markets
TerQntO Catllta lVIarJkot.
Receipts of live ettook ek *he City
I1)a1ket to -nay were. GCi cars - 3=11`.]
cattle, 600 hogs, 292 pheep and 3(1
Calves.
There were few first class; cattle.
oS, any kind:offered on the marke
to -day:
Trade for the best stall -fed cattle
both` butchers' and. exporters,' lie].'
fairly steady, and When quality 1
considered prices were about th
same. But for common to mediur[
grass grades there leas a differene:
of from 25c to 500 per ewe, andt lo.
rough grass cowls there was a dro
of fully 75c to $1 per owlt. frontth:
.prices paid ow •Tuesday last.
Feeders, and stackers, of wiblcli
there were several lots, sold at about
the same prices.'
Milch cowls and springers sold all
the way from $25 to $55 each, the
bulk going at $35'to $45 each.
Calves, sheep, lambs and bogs sold
at unchan;ged quotations.
Exporters - Choice, well -finished,
heavy exporters are worth $5.40 to
$5.70 per cwt: ; medium at $5 to
$5:.A5.
Export bulls -Choice export bulls
sold at $425 to $4.50; medium at
$13,.75 to $4.
Export cows -Prices ranged from
$4.,25 to $4.50 per ewe.
Butchers' Choice' picked lots of
btehers', eciuua) in quality to best ex-
porters, 1,100 to 1,2001 bo. each,sold
at $5.25 to $5.45 ; loads of good at
$4.65 to $5; medium at $4.35 to
$4.60; common at $a.715 to $4; ror' h
and inferior at $3 to $3.75 per cwt
Feeders -Short-keep feeders, 1,1011
to 1;200 lbs. each, sold at $5 to
$5.25. Those weighing from 950 to
1050, of good quality, sold at $4.25
to $4.50 par cwt.
Stockers - Choice yearling calves
sold at $3..80 to $4.10; poorer grades
and off -colors sold at $3.25 to $8.75,
according to quality.
Milch cows -Milch cows and spring -
ere sold at from $30 to $50 each..
Sheep -Export ewes sold at $4 to
• $4.25; export 'bucks at $3 to $3.50.
Spring lambs -Prices ranged from
$2.50 to $5 each.
Hogs -Prices for straight loads,
fed and watered, were $5.10 per cwt.,
and $4.85 for lights and fats.
Bradeatreets on 'Trade.
$678,48& 60
REST ACCOUNT.,
Met May, 1003 $2 63:3.312 00
cunt......, 213,688 00
$20u 000 00
$2,853,000 00
glance Sheet, 31st flay, 1904
ASS1 PS.
Gold and Silver Coin. $ 792,089 30
00 Dominion Govern-
ment notes 2,867,338 00 $ 10,2,427
Deposit,With
isecurrDominion
ty oonote Govern-
ment
lotion 450.000
Notes of and cheques on other 1,031,481
49 banks
Balance due from other banks in 319,833
98 Canada
Balance due from agents in the
17 United Kingdom ........... 378,559
00 Balance due from agents in for-
eign countries
se aerates
$ 6,621,50
Dominion and Pio-
vincial Government
... $1,037,361 82
Canadian Municipal
securities and Brit-
ish or foreign or
colonial spend ties
62 other than Cane-
1,493,303 84
iaEyn
Railway and other
Bands, Debentures
and Stocks 1,172,313 75 4122,98
Call and Short Loans on Stocks
2,612,76
and Bonds in Canada
tribes, but remained and quietly sub-
mitted to the reign• of Rehoboam.
18. Sent Acloram-Tlh,a chief tax col-
lector and therefore one of the most
obnoxious men in the nation. He
was probably sent to make conces-
sions, but it was too late. " The
fatal word had been siioken, the rent
in the nation bad been trade never to
be healed until they shall be united
in Christ,, the son of ISavid, in, the lat-
ter days, Ezek. xxxvii., 15-28. -
Whittle. Stoned him -The people in
Toronto, June -The widow
the late Chief Justice Thomas 111
is in Toronto, and so :also is M
Charles Moss, wife of the pros
Chief Justice of Ontario. It wo
seem, therefore, that there is so
mistake.
W i lson's i` iy Pads are the
fly killers made.
KILLED HIS BROTHER.
their blind rage rose up in a mob.
With this one exception this was,a Fatal Quarrel at Fair Ground
bloodless revolution, Rehoboam made Money Matters.
speed, Strengthened himself: Margin, •
"Made use of every effort ;" "exerted New York, June 27. --Auer queer
himself much," since danger was ' Ing over money ,natters Baan
threatening him as well as his ales- Mhl'ingola, 49 years old, of F
eenger. 19. Warn rebelled - Where Ground, L. I., killed his broth
prince and people fear God there Thomas, aged 52, with an axe, sl
will be no rebellion ; but where no his niece, Mire. Carman Pietro.,
Provenant ,with God is, in all human tthe thighde leyand arm,
and
s d attempted s
padneeler(ation;st fall in pieisos.
20. All Israel heard - When the The .murder occurred at L
main body of the people learned what Swamp, near Fair. Grounds. Af
the few assembled at Beechen] knew. newly decapitating his brattier ii•.lr
Called him, eta -,After the con:grega- ingola went to the home of Mee
tion at Beechen] was broken up and etra and allot her tenco. eke
the people had returned to their w'h'ile the news of the' murder b
homes, another assembly was con- i reached Huntington and a po
vaned by the leaders of the ten tribes, ;_started in search, of the murder
at which time Jeroboam was made ;When' ire was discovered leaving
their king,Judah only Although • Pietro rsho sThee he
silo eneditfdfire
tont�
,I3ten janin y i a'd'hered to ' Relloboam
(v. 21) and also many Israelites of effect
! c fired be
lurrrendered when
(other tribosa )v. 17(, yet they are all p As l ed the crowd closing in
M.
looked Blinn as being absorbed in the thiel Miarinwola cut his lomthroat.
trii>e of Judah]
J PRACTICAL SURVEY. igen siaians say he Sloe 'an by
A heritage of trouble. It does Inot chance of recovery. Miro. Fietr
fano long to prostitute the best of wounds ate hot fatal.
b
0
30
00
26
00
24
15
631
2 41
0 08
$13,557,328 80
Other Current Loans, Discounts
and Advances
Overdue debts (loss provided for).
Real Bstate tothor than bank
ptemises)
Mortgages on Ileal Estate sold by
the bank
Bank premises. including safes,
vaults, and office furniture, at
'Read Otf ee and Branches .......
Other assets not included under
foregoing heads
16,423,162 90
10.305 94
23,861 10
9:,383 16
1'7hole;sai.e trate at Montreal is a
little mere active iu seasonable dry-
goods and wearing apparel. 'Bne
easiness uaoloed St) lar for the fall
Ls Large and ter oaslook in thut con-
nection is oromising and trade will
soon snow increased activity) if the
present ia.vorable conditions ars
maintained. Prices of ,stapes goods
are steadinly held. •
•Worrier weather has increased
the demand at °.Doroato from res'
tail trader's for ,seasonable goods to
sort stocks. The outlook is for a
steady improvement in that direc-
tion. Crop conditions are more pro-
mising, and the outlook for the 'fall
trade is encouraging. "tI11a big dis-
tributing firms in all the leading cen-
tres of trade are experiencing a (bet-
ter demand from the Northwest, and•
Toronto iu this respect 3s no ex-
ception.
The weather conditiou•s at Quebec'
during the past week Have been
favorable to trade in both whole.
sale and retail circles. ~Silos manufac-
turers, as a mile, are busy, and
prices are being well maintained.
At Victoria -Vancouver and other
Pacific Coast points much interest
is being taken in the northern trade
which has absorbed large quantities
of staple good's tI1e past few weeks.
!Pine shipments to the Yukon have
been heavy in recent weeks. '
In Winnipeg the • attention of the
'business -community is directed to-
ward the crop outlook which recent.
lyl has •shown gratifying improve-
ment The 'buying for the fall 'has
been liberal.
There has been some expansion in
wholesale trade circles this week in'
t0amilton, as reported ° to Brad -
street's, the sorting demand for hot
weather goods 'being better. Ship-
m•ents continue quite heavy. The
conditions of business are sound. It
isexpected that there will be an im-
provement In payments goon.
London jobbing 'tra,de circles are
showing a little more activity as
a result of the finer weather dur
ing the week and the better crop
prospects.
Ottawa 'trade reports are gener-
ally of a satisfactory nature. There
Is aa, better demand now for 'summer
lookedgoprovement 1
kefor with steady„and further •b igh t, wari
weather. Prices of staple goods a
firm.
639,638 79
11.412 32
530.760,097 09
09 D. R. WILLIE, General liunager
ed and carried unanimously.
Meeting roperted the following gentlemen
year, viz., T. R. Merritt, D. R. Wilkie, Wm.
Wm. Iiendric, James Kerr Osborne, Charles
it eetors, Mr. T. R. Merritt was electei
•President for the ,ensuing year.
• D. R. WIL1 I1, General Manager.
council of the oham:ber had met, and.
1 Mr. Patterson, on behalf of the coun-
cil, moved ''that the chamber regrets
the proposal to alter the diseases
Iof animals tact .of 1860 so as to ad-
mit the importation of live Caned-
' 1 ian cattle as likely to be injurious
-I to sagrioulture as a whole, being of
the opinion that the advantage to
e
e a section would be quite inadequate
to coln:treneate for the risk of im-
portation of disease." Ur. Toon see-
r onded the motion, whioli was unani-
mously carried. ' , k +,
i.
Wilton's i`i ...:
OPENING OF FRUIT GRO
Canadian Agent Says There
Market for Apples and
Ottaw•a. Dcs tc11-•Wr
Depar anent of %rad
merge, Peter 13. Bell,
in Birmingham, Eng!
will be a good mark
sin this year for
The frost has des
crop, but the on
that can be su
sources are ti
Tlie agent 1
apples from
llandlo Erol
week. Reit:
British ft
who wisi
with th
pies in
1'29• ed
differ